Comma Capital

Comma Capital is an early-stage venture capital firm based in New York, co-founded by brothers Alex Chung and Andrew Chung. Alex Chung is widely recognized as the founder of Giphy, which was acquired by Meta, while Andrew Chung previously served as a partner at Lightspeed Venture Partners. The firm successfully raised $200 million for its debut fund, positioning it to make significant investments in promising startups. Comma Capital's strategic foundation leverages the extensive entrepreneurial and investment experience of its founders, aiming to identify and nurture the next generation of disruptive companies.

The firm primarily focuses on investing in companies shaping the future of work, commerce, and consumer experiences. Comma Capital targets companies across the pre-seed, seed, and Series A stages, indicating a commitment to supporting ventures from their nascent phases through their initial growth spurts. While specific first check sizes can vary, their typical initial investments range from approximately $500,000 for very early-stage pre-seed rounds up to $10,000,000 for more mature seed or Series A opportunities. This flexible approach allows them to engage with a broad spectrum of early-stage companies, from groundbreaking concepts to those with proven initial traction.

Comma Capital has quickly built a notable portfolio since its inception, having made at least 29 investments as of late 2023. Their portfolio includes several high-profile companies that have garnered significant attention and subsequent funding, such as AI leaders Anthropic and Character.ai, fintech innovator Ramp, and banking platform Mercury. This demonstrates their ability to identify and back companies with substantial growth potential and market impact. The firm's active investment strategy, particularly evident in its 12 investments in 2021 and 9 in 2022, underscores its commitment to deploying capital strategically across its target sectors.